The economy of Rwanda advanced by 10.9% year-on-year in 2021, recovering sharply from a 3.4% pandemic-induced contraction in 2020. It was the strongest pace of growth since 2008, as most sectors have recovered beyond their pre-covid levels.
Full Year GDP Growth in Rwanda averaged 7.24 percent from 2004 until 2021, reaching an all time high of 11.20 percent in 2008 and a record low of -3.40 percent in 2020. This page includes a chart with historical data for Rwanda Full Year Gdp Growth. Rwanda Full Year Gdp Growth - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Full Year GDP Growth in Rwanda is expected to reach 7.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Rwanda Full Year Gdp Growth is projected to trend around 9.00 percent in 2023 and 8.50 percent in 2024, according to our econometric models.